Skip to main content

About your Search

20130111
20130111
STATION
CSPAN 4
FBC 3
MSNBC 3
MSNBCW 3
WUSA (CBS) 3
KQED (PBS) 2
CNBC 1
CSPAN2 1
KQEH (PBS) 1
KRCB (PBS) 1
WBFF (FOX) 1
LANGUAGE
English 35
Search Results 0 to 34 of about 35 (some duplicates have been removed)
in the last 50 years. congress has always dutifully done its job and raised the debt ceiling under divided congresses and divide government. democrats and congress raised the debt ceiling 12 times for president reagan upon his request. what's unprecedentside that we have never seen congress try to use the debt ceiling as a tool of negotiation. that violates. >> bill: we have a frightening amount of debt now. $16.5 trillion. and i gave you the stats up top about president obama's spending more than every other president combined. so that it's a different situation than it was under ronald reagan. now, i understand that the president can't order congress to raise the debt. he can't do that by any order. buff he can ignore it it he can -- don't worry about it keep paying stuff off. is that true? is that what he can do? >> well, that's roughly the case. i mean, they have tried to find other solutions. you have heard about mint the coin operation? >> bill: what is the trillion-dollar coin? what is that all about? >> it's a loophole if you will in federal law. the government is not allowed to pr
congress raises the debt ceiling. and government agencies are only funded until march unless congress gives them more money, they're essentially out of business. >> the fact is looking at all three of those, we have no idea what the hell is going to happen. >> reporter: the defense secretary is seriously worried. >> this fiscal uncertainty has become a very serious threat to our national security. >> reporter: and fears the pentagon will be forced to make budget cuts -- >> which is to hollow out the defense force of this nation. >> reporter: defense contractors in the washington area solve military problems -- >> ground penetrating radar provides an image into the ground that you can recognize very explosive hazards. >> reporter: this company in virginia makes the device but there's now a company hiring freeze with much new development on hold. >> we're totally in an uncertain place. >> reporter: steve charles is cofounder of this company in mclean. >> we actually are growing. we've expanded. we have continued to grow. but if there is a shutdown that would be an abrupt stop. >> reporter: co
ceiling. in congress, those of us in the congress, granted him his wish. we never tried to deny him the ability to pay our bills. i want to do it now because this congress, at least this house of representatives would like to see is the default on our obligations. that is why i think the president ought to do it himself. if congress refuses to do so. neil: i don't know about you, you are in this camp, many of your colleagues when president bush was around, they were on the brink a number of times arguing about what he was doing. bringing us ultimately to default. isn't the issue what brings us to this point time and again? fifty some odd time since world war ii? if the underlying spending. it seems like you guys are going through hoops to avoid the underlying problem. and that problem is spending. >> spending may be a problem. but what do we spend the money on? we spend this money to fund two wars that we never paid for. we have never knock on the war and made sacrifices tax wise or otherwise to pay for it the one what about the $5 trillion that we spend since that time? you know, i
. if confirmed, he would take over the treasury department's before the white house and congress debates the debt ceiling. this is 15 minutes. >> ladies and gentlemen, the president of the united states accompanied by some of tim geithner and sap jack lew. >> men, everybody, please have a seat. a little more than four years ago, i stood with mr. tim geithner and denounced him as my first to my cabinet. we were barely two months into the financial crisis, the stock market have quivered, the housing market had cratered as well, a bank after bank was on the verge of collapse, and worst of all, more than 800,000 americans would lose their jobs in just a bad month. and the bottom was not yet in sight. i cannot blame tim when he told me he was not the right guy for the job. [laughter] extensivet tim's experience with economic policy made him qualified and i knew he could hit the ground running. as chairman of the new york federal reserve, he had just spent several sleepless and chaotic weeks immersed in the complexities of the crisis and had been working closely with his republican predecessor at treas
to work with republicans in congress to raise the nation's debt ceiling. if he can survive that battle, global financial fights will probably seem pretty easy. darren gersh, "n.b.r.," washington. >> susie: also in washington today, new rules to protect consumers from risky home loans. the consumer financial protection bureau says the rules make sure home buyers understand exactly what they're getting into, when they take out a loan. lenders now have to determine the borrower's ability to repay the loan. borrowers will have to prove they have a job, meet a minimum credit score, and can afford a loan's monthly payments and related expenses like property taxes. the rules do away with those so- called "no doc" loans where applicants didn't provide any personal financial information, and caused the mortgage mess in the financial crisis. >> joining us now to talk more about the new mortgage rules, raj adabi, of the consumer protection bureau. raj, key rates are gone, and fewer balloon payments. how do this change the kinds of mortgages people can get now. >> it is pretty simple. going forwar
not market -- market all of. gerri: you bring a degree point because the first time we had the debt ceiling issue, which is the one now looming in congress, we saved 2,000 points of the stock market. it did not last, thankfully, but it was scary. it may allow the people uneasy. we will -- will leave be in for the same type of problem if we get right up to that deadline and no agreement? >> yes. yes. and that is why we are all annoyed and hopeful that congress will learn a lesson and not do a test again because all they're doing getting in our way causing a lot of banks and warrior necessarily for the american public and investors or a wide. gerri: a broader question. you're a smart guy and you watch all this stuff. one of the things the we're waiting for, listening tour, s&p, moody's, downgrade are dead again, what will happen? we will be the ramifications? how will that hit individual investor portfolios? >> there is a risk that traditionally when they're is a downgrade of a bond rating the value of the bond goes down as well, which means if you own u.s. government securities you're going
the middle of january if president >> obama: baum and congress don't agree to raise the debt ceiling, the u.s. government will begin defaulting on its obligations, and as we all know republicans are trying to play hardball threatening to let the government go bust. >> we republicans need to be willing to tolerate a temporary partial government shut down. >> do you think that's a good idea? >> yes, i do. i think it's about time. >> jennifer: that has lead democrats to come up with some very unorthodox solutions. one idea is for the president to mint platinum coins. the coins would be turned over to the federal reserve, deposited into the treasury and as you can imagine this platinum coin idea went over like a lead balloon with the right. another plan that is gaining traction is for president obama to issue script -- or ious. coming to us from los angeles committee on taxation and is now a law professor at the university of southern california. he is a very serious fellow. ed, welcome back inside "the war room." i had to say that so that people understanding you were n
ceiling and the debates we've seen in congress. >> slow growth. >> our hands almost. really when you think of it that way. >> very much. >>> still ahead a couple of d.c. city leaders are headed to the white house today. why do you think that is? >> we'll explain right after this. >> plus a group of virginia lawmakers strike an early blow in the fight over the relocation of the fbi headquarters. we'll be right back. ha never encnteredch a bning . until had thshingles. r re of the side sry, visit shinesinfoom like sebody d set a ba of hot chaoal ony neck. hai's somethg youdch a bning . ner wanto encounteochickenpx >>> 5:09 out on the weather terrace. 39 degrees here in northwest but you know with light winds it's really very comfortable. i have the heavy coat on but the novembers are off. it's not a bad cold. that comfortable cold as you call it. we will see the clouds thicken up and this afternoon expecting rain showers around. by lunchtime 48. we'll get to 50 but stay in the upper 40s with the rain showers around for the afternoon and evening hours. let's go inside with monika samtani get
not raise that debt ceiling? >> i think i would agree, this is one of the stupidest ideas. >> megyn: really? >> that comes out of washington. but this, i could puse the pun, it doesn't make "cents", i know it's friday afternoon and people are a little tired. it's a stupid idea and a nonstarter. congress is going to have to extend the debt ceiling or we default on our debt, and it's cataclysm cataclysmic. i hope and i pray after the inauguration that people reach across the aisle. we're going to have to cut defense. we're going to have to increase the eligibility for entitlements and perhaps cut back on the automatic cost of living increases. we're going to have to do tough things, shared sacrifice and that's going to have to happen and legions of lobbyists surrounding washington in the next couple of weeks, ought to be the folks that ought to be put on the back burner and people, reasonable people on both sides of the aisle are going to have to resolve this. we have to quit spending as much money as we're spending, we all agree, democrats and republicans. the problem is we've got special in
by trying to use the debt ceiling as leverage. i'll have the details ahead. >>> and "zero dark thirty" had members of congress calling for an investigation. did the controversy keep the film from receiving more oscar nominations? film critic david edelstein will weigh in. don't forget, you can listen to my radio show on sirius xm radio channel 127 monday through friday noon to 3:00 p.m. share your thoughts with us on facebook and on twitter using the #edshow. we're coming right back. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get st
with the economy by trying to use the debt ceiling as leverage. i'll have the details ahead. >>> and "zero dark thirty" had members of congress calling for an investigation. did the controversy keep the film from receiving more oscar nominations? film critic david edelstein will weigh in. don't forget, you can listen to my radio show on sirius xm radio channel 127 monday through friday noon to 3:00 p.m. share your thoughts with us on facebook and on twitter using the #edshow. we're coming right back. i have direct deposit on my visa prepaid. my paycheck is loaded right on my card. automatic. i am not going downtown standing in line to cash it. i know where my money is, because it is in my pocket. i got more time with my daughter, we got places to go. [ freeman ] go open a new world, with visa prepaid. more people go with visa. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog
of using the debt ceiling as a starting point to talk about budgets and spending? guest: there is no question that congress is in a brittle debate at the end of last year over taxes. you have heard the speaker and senator mcconnell said, we are done with that. now, it is time to move to the spending. the debt ceiling, i have always thought the country is not going to not pay its bills. we will not not pay interest on money we have borrowed. is there a point of leverage? that is subject to debate. i think the sequestration and continuing resolution -- the other thing we have is the budget resolution for 2014. you might as well look at them together. there are colliding any way. i would hope that we could get some success of in negotiations to vote now for changes and 30 or 40 years will make a difference. host: john engler joining us until 8:30. talking to us about ceos and taking a look at their thoughts on the budget and federal spending. if you want to join in the conversation, the members will be on your screen. -- the numbers will be on your screen. you can send us o
reaching a deal on the "fiscaa cliff"... congress now faces talks over raising the nation's debt ceiling. ceiling.in annapolis....here is growing concern about what wiil happen... and what it could mean to marylann. repubbicans on capitol hill want maasive cuts to government programs in amount that uncle sam can borrow.but f that happens... ttousaans of federaa employees in maryland could be laid off... and there ould be huge cuts elsewheree (governor) "we are seeing solid signs of economic peccvery in maryland, but all pf that's in jeopardy if the republican members of congress are not able to act with the same sort of balanced approach marrland."the governor will nnm" unveil his budget for the 2214 fiscal year next week. 3 tailgating always sttrts early when yoo are following the purple friday caravan. but this time itts more justified then ver.... instead of aiting until &psunday, the rvenn are challenging the brrncos 4:30. joel d. smith is live in white marsh to see why the different when it comes to the ravens and payton manning. manning.peyton vs. raa lewis last time...
angeles. up next why one member of congress is voting to raise the debt ceiling is one of the worst things he's ever done in his life. michael burgess joins us right after this break. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. introducing the all-new 2013 lexus ls f sport. and you see the woman you fell in love with. she's everything to you. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomac
to the debt ceiling, but it didn't apply to the tax. >> sean: constitutionally, this is check mate, urge you to talk to your lawyer you probably talk to regularly, article 1, section 7 clearly spending begins in congress. >> it's clear that obamacare was not legal either. and excuse me, everybody sued and winning all the way up and a certain justice that was 100% against it who in order to become a favorite fair-haired boy in washington, went against his own beliefs, okay? >> what does it say about him if he's willing to circumvent the constitution? >> he's doing it and in my opinion for the debt ceiling he's going to use the 14th amendment and circumvent the problem. and i believe that the republicans are going to have a hard time. >> sean: coming up my sit-down with donald trump continues. does he have any regrets about not jumping into the 2012 presidential race? his surprising answer about that, bill maher and miss alabama straight ahead. she knows you like no one else. and you wouldn't have it any other way. but your erectile dysfunction - you know, that could be a question of blood flo
the white house and congress debates the raising of the $16.40 trillion debt ceiling. this is 15 minutes. >> ladies and gentlemen, the president of the united states, accompanied by timothy geithner and jacob lew. >> a little more than four years ago i stood with mr. tim geithner, the first nominee to my cabinet. we were two months into the financial crisis. the stock market had cratered. bank after bank was on the verge of collapse. worst of all, more than 800,000 americans would lose their jobs in just that month. at the bottom was probably not yet in sight. i could not blame tim when he told me he was not the right guy for the job. [laughter] but on news that tim's extensive -- but i knew that experience with economic policy made him eminently qualified and i knew he could hit the ground running. as chairman of the federal reserve, he had just spent chaotic weeks emerged in the -- immersed in the crisis and had been working with the treasury to save the financial system. then when the wreckage -- with the wreckage of our economy unstable and still smoldering, i asked tim to help us p
in the administration are soon to face new critical deadlines around the debt ceiling, sequestration, and the need to fund government operations. these deadlines will mean uncertainty for our economy, our businesses, and for our financial markets at home and abroad. as they address these deadlines, policy makers must seize the opportunity to make real progress in the areas they neglected in the first fiscal cliff. first and foremost, that means controlling deficit spending through common sense, entitlement reform. the last debt ceiling increase was passed in august of 2011. that was a 2.1 trillion dollar commitment. here we are seventeen months later and $2.1 trillion is gone. kaput. and now we need another increase. how much longer can this kind of spending go on without adjustment? as a nation, we must finally face up to the single biggest threat to our economic future, and that is our exploding national debt driven by runway deficit spending, changing demographics, and unsustainable entitlements. if we fail to address this threat, automatic spending will soon consume every dollar the federal go
think about the idea of using the debt ceiling as a starting point to talk about budgets and spending? guest: there is no question that congress is in a brittle debate at the end of last year over taxes. you have heard the speaker and senator mcconnell said, we are done with that. now, it is time to move to the spending. the debt ceiling, i have always thought the country is not going to not pay its bills. we will not not pay interest on money we have borrowed. is there a point of leverage? that is subject to debate. i think the sequestration and continuing resolution -- the other thing we have is the budget resolution for 2014. you might as well look at them together. there are colliding any way. i would hope that we could get some success of in negotiations to vote now for changes and 30 or 40 years will make a difference. host: john engler joining us until 8:30. talking to us about ceos and taking a look at their thoughts on the budget and federal spending. if you want to join in the conversation, the members will be on your screen. -- the numbers will be on your screen. you can se
Search Results 0 to 34 of about 35 (some duplicates have been removed)